Common use of ISM Code and ISPS Code compliance Clause in Contracts

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowers, the Approved Manager and the Ships have been or, will be, on or before the Delivery Date of the relevant Ship, complied with.

Appears in 3 contracts

Sources: Loan Agreement (Box Ships Inc.), Amending and Restating Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)

ISM Code and ISPS Code compliance. All On or before the Delivery Date, all requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Corporate Guarantor, the Approved Manager and the Ships Ship have been or, will be, on or before the Delivery Date of the relevant Ship, complied with.

Appears in 3 contracts

Sources: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowersa Borrower, the Approved Manager and the Ships have been or, will be, a Ship shall be complied on or before prior to the Delivery Date of the relevant that Ship, complied with.

Appears in 2 contracts

Sources: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to a Borrower, the BorrowersNew Owner, the Approved Manager and the Ships a Ship shall be or have been or, will be, complied on or before prior to the Delivery Date of the relevant that Ship, complied with.

Appears in 1 contract

Sources: Loan Agreement (Navios Maritime Holdings Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Approved Manager and the Ships have been or, Ship will be, on or before prior to the Delivery Drawdown Date of the relevant Ship, has been complied with.

Appears in 1 contract

Sources: Loan Agreement (Euroseas Ltd.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowers, the Approved Manager and the Ships have been complied with or, in the case of Ship B will be, be complied with on or before the Delivery Date of the relevant Ship, complied withDrawdown Date.

Appears in 1 contract

Sources: Loan Agreement (Pyxis Tankers Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Approved Manager and the Ships have been orbeen, or will be, on or before complied with at the Delivery Date time of the relevant Drawdown Date relating to each Ship, complied with.

Appears in 1 contract

Sources: Loan Agreement (Euronav NV)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowers, the Approved Manager and the Ships have been or, will be, on or before the Delivery elivery Date of the relevant Relevant Ship, complied Complied with.

Appears in 1 contract

Sources: Amending and Restating Agreement (Box Ships Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, each Owner the Approved Manager and the Ships have been orbeen, or will be, on or before complied with at the Delivery Date time of the relevant Drawdown Date relating to each Ship, complied with.

Appears in 1 contract

Sources: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowers, the Approved Manager Managers and the Ships have been or, will be, on or before the Delivery Date of the relevant Ship, complied with.

Appears in 1 contract

Sources: Amending and Restating Agreement (Poseidon Containers Holdings Corp.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowersany Obligor, the Approved Manager and the Ships have been orbeen, or will be, on or before complied with at the Delivery Date time of the relevant Drawdown Date relating to each Ship, complied with.

Appears in 1 contract

Sources: Loan Agreement (Euronav NV)